View more on these topics

Ex-Network 300 members rebuff peace talks

Ex-members of Network 300 have rejected an invitation to peace talks by former directors of the group.

In an open letter to Money Marketing, Ex-Network 300 members’ action committee chairman Darren Kempster has instead asked all former directors to pass to the liquidator all documentation pertaining to the sale of Network 300.

Batten has brought tog-ether the directors of the liquidated company in an effort to discuss ways to resolve issues with the Network 300 members.

He says he has not heard directly from the action group since getting the board back together.

Batten maintains that several attempts were made to meet with ex-members. He also says all the firm’s decisions were justified and fully evidenced. He has met with the liquidator and the inquiry continues.

But Kempster says exmembers invited Batten to talks on six occasions and were turned down each time. Kempster says: “He has repeatedly refused to see us. This matter is now in the hands of the liquidator.”

Batten says: “We have offered to meet with Darren Kempster. However, his refusals have been definite and firm. We are co-operating fully with the liquidator in completing their investigation into the running of the business and the sale of assets at the administration.”•Letters, p37

Recommended

Skipton launches Yorkshire affordable housing project

Communities in the Yorkshire Dales are in line for a 10 million cash injection from the Skipton Building Society.Skipton has joined forces with the Yorkshire Dales National Park Authority and Craven District Council to launch a five year project aimed at providing 100 to 150 affordable houses for ‘key’ tradespeople to encourage them to stay […]

The changing world of professional connections

The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment